Countertop storage assembly are provided. In one example, a countertop storage assembly includes a countertop having a countertop area outer surface, a countertop area inner surface, and an opening formed therethrough. A retractable storage assembly includes a lid that is disposed in the opening when in a closed position and that moves between the closed position and an open, retracted position. During movement from the closed position to the open, retracted position, the lid moves downward and away from the opening to below the countertop off-set from the opening. A storage area includes a base that is in a retracted position situated below the countertop when the lid is in the closed position. The base moves from the retracted position to a deployed position where the base is disposed in the opening when the lid is in the open, retracted position.